Tag: Redesigned

Fannie Mae Issues a “Readiness Checklist” for the redesigned URLA (1003) – Dated October 21, 2020

Written by: Lloyd Rutherford, Staff Writer Are you ready for the New Redesigned 1003?  Will lenders and our LOS systems be ready for the latest “live date”?  Read through this article to find out the latest on the much anticipated new 1003 loan application. Rule Synopsis: Fannie Mae issued a “Readiness Checklist” for the redesigned […]

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Fannie Mae and Freddie Mac Announce the Delay of the “Go Live” Date for New Redesigned 1003 – Dated April 14, 2020

Written by: Lloyd Rutherford, Staff Writer Here we go again! The timeline for the New 1003 has been revised due to the Pandemic.  Read through this article for important date changes. Rule Synopsis: Fannie Mae and Freddie Mac announce the delay of the “Go Live” date for mandatory use of the updated and redesigned URLA […]

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Fannie Mae and Freddie Mac Publish “Go Live” Date for New Redesigned 1003 – Dated January 29, 2020

Written by: Lloyd Rutherford, Staff Writer There have been a lot of changes and also changed effective dates for the new loan application.  Stay up to date on what changed…again…and what you should prepare for in the upcoming months. Rule Synopsis: Fannie Mae and Freddie Mac released the “Go Live” date for mandatory use of […]

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Fannie Mae and Freddie Mac Publish Updated Redesigned URLA and Supporting Documents – Dated October 23, 2019

Written by: Lloyd Rutherford, Staff Writer Here’s the latest update on the four-year-old “New URLA” drama! Rule Synopsis: Fannie Mae and Freddie Mac released information to inform the industry that they have published the updated and redesigned URLA (Form 1003 or Form 65) and supporting documentation. Interpretive Comments: Do you want to know how fast […]

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